# PPP loan: GREG ABRAMS SEAFOOD
> **$278K** approved 04/10/2020 · Paid in Full · Loan `1589737106`
## Borrower
- **Name:** GREG ABRAMS SEAFOOD
- **Address:** 234 East BEACH DR, PANAMA CITY, FL, 32401-3117
- **NAICS:** 424460
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $270K (97%)
- **Forgiveness date:** 08/25/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $235K
- **Utilities:** $23K
- **Health care:** $10K
- **Debt interest:** $10K
- **Jobs reported:** 23
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*